5 Tips To Make Your Business Tech Investment Stretch

Companies are always looking for ways to save money without cutting corners, but in a lot of cases, it’s smarter to make investments up front that will pay dividends for a longer period of time. At other times, the best way to save money is to control expenses by buying only what you actually use. The five tips below highlight ways your business can save money using different technology.

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  1. We’ve cleared your path to the cloud.

The cloud is a great way to save money! It allows businesses to inexpensively get the resources and storage they need and adjust that usage at any point in time. The cloud allows you to avoid the expense of some hardware and gives you cloud-based solutions to software that you might otherwise need to purchase and maintain yourself. For companies that need to do development or testing, the cloud can also host virtual machines.

  1. Use the Internet for calls and meetings.

Although this is an old one, people really need to understand the advantages of services like Skype for Business. It’s a great way to stay connected with clients as well as collaborate with colleagues. They require only an Internet connection, so you can save money by not getting a phone system. These services can also save money by allowing you to have “face-to-face” meetings using video instead of traveling, which takes a lot of time and money. These communication options may not replace all your travel, but if it saves even a couple of trips a year, that costs a lot of money.

  1. Go paperless.

Go digital with all your forms and records instead of using paper. Paper isn’t free and neither are printers, ink and cartridges, or repairs. Digital records offer a number of benefits, including making it easier to find important documents when you need them. They free you from having to worry about storing all the paper used in important business transactions for legal or tax purposes onsite or in a warehouse, and you can securely store your records in the cloud at a fraction of the cost. In these ways, going paperless can save time and money that can be spent doing something else to advance your business. Even if you can’t go entirely paperless, you can reap many of these benefits by limiting the amount of paper your business needs to deal with.

  1. Buy laptops instead of desktops.

This is a roundabout way to save money, but laptops use about 90 percent less energy than a comparable desktop, and they offer mobility without sacrificing much in the way of utility. A laptop may not be a good option for power-hungry computational needs, such as graphic design, but it can work well for many other roles and that can save a lot of money.

  1. Buy powerful PCs and upgrade their memory instead of replacing them.

When purchasing computers for your business, ensure you don’t compromise on quality. Yes, it might be expensive and computers do advance quickly, but buying powerful computers with a lot of memory and large monitors for your employees increases the machines’ usable life. Also, it decreases your costs in the long run because you don’t have to replace them as often.